Sears Holdings Corp (NASDAQ:SHLD) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $2.02 and last traded at $2.15, with a volume of 964200 shares changing hands. The stock had previously closed at $2.15.

A number of research analysts have issued reports on SHLD shares. Moffett Nathanson started coverage on Sears in a research note on Monday, December 4th. They issued a “sell” rating for the company. BidaskClub cut Sears from a “sell” rating to a “strong sell” rating in a research report on Tuesday, December 19th. Susquehanna Bancshares reduced their price objective on Sears from $3.00 to $2.50 and set a “negative” rating for the company in a research report on Thursday, January 11th. Finally, ValuEngine raised Sears from a “strong sell” rating to a “sell” rating in a research report on Friday, December 1st. Five research analysts have rated the stock with a sell rating, The stock has a consensus rating of “Sell” and a consensus target price of $4.78.

The company has a quick ratio of 0.19, a current ratio of 0.80 and a debt-to-equity ratio of -0.51. The firm has a market cap of $231.37, a PE ratio of -0.20 and a beta of 0.95.

Sears (NASDAQ:SHLD) last posted its quarterly earnings data on Thursday, November 30th. The company reported ($2.64) earnings per share for the quarter, topping the consensus estimate of ($4.46) by $1.82. The firm had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.68 billion. The firm’s quarterly revenue was down 27.2% on a year-over-year basis. During the same period in the prior year, the company earned ($3.45) earnings per share.

In related news, major shareholder Bruce R. Berkowitz sold 415,700 shares of the stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $3.43, for a total transaction of $1,425,851.00. Following the completion of the transaction, the insider now directly owns 799,516 shares of the company’s stock, valued at $2,742,339.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Bruce R. Berkowitz sold 350,700 shares of the stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $2.86, for a total value of $1,003,002.00. Following the transaction, the insider now directly owns 799,516 shares of the company’s stock, valued at $2,286,615.76. The disclosure for this sale can be found here. Insiders have sold 2,978,800 shares of company stock valued at $9,818,269 over the last three months. Insiders own 89.00% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlueCrest Capital Management Ltd acquired a new position in Sears during the second quarter valued at approximately $117,000. Rhumbline Advisers raised its stake in Sears by 9.0% in the second quarter. Rhumbline Advisers now owns 16,965 shares of the company’s stock valued at $150,000 after buying an additional 1,394 shares during the period. LMR Partners LLP bought a new stake in Sears in the third quarter valued at approximately $176,000. Fox Run Management L.L.C. bought a new stake in Sears in the third quarter valued at approximately $230,000. Finally, Canada Pension Plan Investment Board bought a new stake in Sears in the third quarter valued at approximately $493,000. 60.23% of the stock is owned by hedge funds and other institutional investors.

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About Sears

Sears Holdings Corporation is an integrated retailer. The Company is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co (Sears). The Company’s segments are Kmart and Sears Domestic. It also offers Shop Your Way, a member-based social shopping platform that offers rewards and personalized services.

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